Global X Alternative Income ETF (NASDAQ:ALTY) Short Interest Update

Global X Alternative Income ETF (NASDAQ:ALTY) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 3,000 shares, an increase of 172.7% from the October 31st total of 1,100 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 0.3 days.

Global X Alternative Income ETF Price Performance

ALTY stock opened at $12.09 on Thursday. The company has a market capitalization of $34.80 million, a price-to-earnings ratio of 15.21 and a beta of 0.99. Global X Alternative Income ETF has a 1-year low of $10.95 and a 1-year high of $12.12. The business has a 50 day simple moving average of $11.96 and a two-hundred day simple moving average of $11.68.

Global X Alternative Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 13th. Shareholders of record on Tuesday, November 5th were issued a $0.073 dividend. The ex-dividend date of this dividend was Tuesday, November 5th. This represents a $0.88 dividend on an annualized basis and a yield of 7.25%.

Global X Alternative Income ETF Company Profile

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.